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Thursday, 31 July 2014

Morning Summary, Market Synopsis: 31st July, 2014

The market is flat on July series F&O expiry day. The Sensex is up 12.44 points at 26099.86 and the Nifty is down 4.15 points to trade at 7787.25. The Indian rupee has opened lower at 60.24 a dollar, down 18 paise compared to previous day's closing value of 60.06 per dollar. On Global front, Asian equities were mixed on Thursday following robust US economic data and as investors braced for Argentina to default on its debt for the second time in twelve years. On BSE, Mid Cap is gaining 0.70%, followed by Small Cap which is also adding more than half a percent. On Sectoral front, BSE Metal is leading the all sectors, surging more than a percent, followed by rest of the sectors except BSE Teck, IT, FMCG and BANKEX which are trading in red as we write this.